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ISO 4217 | |
---|---|
Code | MZE before 2006: MZM |
Unit | |
Symbol | ? |
Denominations | |
Subunit | |
1⁄100 | Centavo |
Banknotes | 50, 100, 500, 1000 escudos |
Coins | 10, 20, 50 centavos, 1, 2+1⁄2, 5, 10, 20 escudos |
Demographics | |
User(s) | Mozambique |
Issuance | |
Central bank | Banco Nacional Ultramarino |
Valuation | |
Inflation | ?% |
This infobox shows the latest status before this currency was rendered obsolete. |
The escudo was the currency of Mozambique from 1914 until 1980. It was subdivided into 100 centavos. [1] [2]
The escudo replaced the real at a rate of 1 escudo = 1000 réis. It was equal in value to the Portuguese escudo until 1977. Initially, Mozambique had its own paper money but used Portuguese coins. Only in 1935 were coins issued specifically for use in Mozambique. In 1975, the metica was proposed as a replacement for the escudo, but it was not used. The escudo was replaced by the metical in 1980 at par.
Between 1935 and 1936, coins for 10, 20 and 50 centavos, 1, 2+1⁄2, 5 and 10 escudos, with the 2+1⁄2, 5 and 10 escudos in silver. In 1952, silver 20 escudos were issued. Between 1968 and 1971, base metal coins replaced the silver 5, 10 and 20 escudos. The last coins were issued in 1974.
In 1914, provisional issues for 100 and 1000 escudos were introduced, alongside regular issues for 10, 20 and 50 centavos, by the Banco Nacional Ultramarino. Emergency issues of notes for 10, 20 and 50 centavos and 1 and 2+1⁄2 escudos were introduced in 1920, followed by regular issues for 1, 2+1⁄2, 5, 10, 20, 50 and 100 escudos. Emergency issues for 50 centevaos and regular 500 and 1000 escudos notes were introduced in 1941. In 1976, 50, 100, 500 and 1000 escudos notes of the Banco Nacional Ultramarino were overprinted with the name of the new issuing bank, the Banco de Moçambique.
The peso is the currency of Chile. The current peso has circulated since 1975, with a previous version circulating between 1817 and 1960. Its symbol is defined as a letter S with either one or two vertical bars superimposed prefixing the amount, $ or ; the single-bar symbol, available in most modern text systems, is almost always used. Both of these symbols are used by many currencies, most notably the United States dollar, and may be ambiguous without clarification, such as CLP$ or US$. The ISO 4217 code for the present peso is CLP. It was divided into 100 centavos until 31 May 1996, when the subdivision was formally eliminated. In February 2023, the exchange rate was around CLP$800 to US$1.
The Portuguese escudo was the currency of Portugal from 22 May 1911 until the introduction of the euro on 1 January 2002. The escudo was subdivided into 100 centavos. The word escudo derives from the scutum shield.
The Macanese pataca or Macau pataca is the currency of the Macao Special Administrative Region of the People's Republic of China. It is subdivided into 100 avos, with 10 avos called ho (毫) in Cantonese.
The sol, later sol de oro, was the currency of Peru between 1863 and 1985. It had the ISO 4217 currency code PES. It was subdivided into 10 dineros or 100 centavos. It also had two different superunits over its circulation life, the inca (1881–1882) and later the gold pound, both worth 10 soles.
The Colombian peso is the currency of Colombia. Its ISO 4217 code is COP. The official peso symbol is $, with Col$. also being used to distinguish it from other peso- and dollar-denominated currencies.
The rupia was the currency of Portuguese India sometime after 1668 until 1958. Prior to 1668, the currency unit was Xerafim. In 1666, the Portuguese administration struck a silver coin calling it double xerafin and this was declared equal to a rupia in circulation in India outside of Portuguese possessions. A xerafim was a convertible subunit of rupia, and it was unique to Portuguese colonies in India. One rupia equalled two xerafims.
The metical is the currency of Mozambique, abbreviated with the symbol MZN or MT. It is nominally divided into 100 centavos. The name metical comes from Arabic مثقال (mithqāl), a unit of weight and an alternative name for the gold dinar coin that was used throughout much of Africa until the 19th century.
The escudo is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred centavos.
The escudo was the currency of Portuguese India between 1958 and 1961. It was subdivided into 100 centavos and was equal in value to the Portuguese escudo. After Goa was invaded by the Republic of India in 1961, the escudo was replaced by the Indian rupee.
The escudo was the currency of São Tomé and Príncipe between 1914 and 1977. It was equivalent to the Portuguese escudo and subdivided into 100 centavos.
The escudo was the currency of Portuguese Timor between 1959 and 1976. It replaced the pataca at a rate of 5.6 escudos = 1 pataca and was equivalent to the Portuguese escudo. It was replaced by the Indonesian rupiah at an unknown exchange rate following East Timor's occupation by Indonesia. The escudo was subdivided into 100 centavos.
The escudo was the currency of Angola between 1914 and 1928 and again between 1958 and 1977. It was subdivided into 100 centavos with the macuta worth 5 centavos and was equivalent to the Portuguese escudo.
The angolar was the currency of Portuguese Angola between 1928 and 1958. It was subdivided into 100 centavos or 20 macutas. Angolar is Portuguese for "of Angola".
The real was the currency of Portuguese Angola until 1914. It was equal to the Portuguese real. No subdivisions existed, but some coins were issued denominated in macutas, worth 50 réis. The real was replaced by the escudo in 1914.
The real was the currency of Argentina until 1881. From 1822, it was subdivided into 10 décimos. The sol was also issued during this period and was equal to the real, whilst the peso was worth 8 reales and the escudo was worth 16 reales.
The pataca was a monetary unit of account used in Portuguese Timor between 1894 and 1958, except for the period 1942–1945, when the occupying Japanese forces introduced the Netherlands Indies gulden and the roepiah. As in the case of the Macanese pataca which is still in use today, the East Timor unit was based on the silver Mexican dollar coins which were prolific in the wider region in the 19th century. These Mexican dollar coins were in turn the lineal descendants of the Spanish pieces of eight which had been introduced to the region by the Portuguese through Portuguese Malacca, and by the Spanish through the Manila Galleon trade.
The escudo was the currency of Portuguese Guinea between 1914 and 1975. It was equal to the Portuguese escudo and replaced the real at a rate of 1000 réis = 1 escudo. The escudo was subdivided into 100 centavos. Portugal issued banknotes and coins for use in Portuguese Guinea. Following independence, the peso replaced the escudo at par.
The real was the currency of Peru until 1863. Sixteen silver reales equalled one gold escudo. The silver coin of 8 reales was also known as the peso.
The real was the currency of Portuguese Mozambique until 1914. It was equivalent to and circulated alongside the Portuguese real.
The first boliviano was the currency of Bolivia from 1864 to 1963. Due to rising inflation, it was replaced with the peso boliviano at an exchange rate of 1000 bolivianos to 1 peso. The peso was later replaced by the second Bolivian boliviano.
Preceded by: Mozambican real Ratio: 1 escudo = 1000 réis | Currency of Mozambique 1914 – 1980 | Succeeded by: Mozambican metical Ratio: at par |